NOT LISTED FOR SALE

Estimated Value: $1,072,937 - $1,357,000

4 Beds
2 Baths
1,377 Sq Ft
$870/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $485,000 $352 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $6,932/month

159 Days on Market

Highlights

  • Property near a bay
  • Deck
  • Wood Flooring
  • Island Location
  • Contemporary Architecture
  • Furnished

About This Home

As of February 2017

This home is located at 118 E 16th Ave, Wildwood, NJ 08260 since 22 July 2016 and is currently estimated at $1,197,734, approximately $869 per square foot. This property was built in 2005. 118 E 16th Ave is a home located in Cape May County with nearby schools including Margaret Mace Elementary School, Wildwood Catholic Academy, and Wildwood Catholic High School.

Last Agent to Sell the Property

JAMES KERRIGAN

CAPE ISLANDS REALTY, LLC License #0124673 Listed on: 07/22/2016

CAPE ISLANDS REALTY, LLC

Last Buyer's Agent

Linda Gray

LONG & FOSTER REAL ESTATE, INC nww License #0448727

LONG & FOSTER REAL ESTATE, INC nww

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 40' x 100'
  • Fenced Yard
  • Interior Lot
  • Sprinkler System
  • Property is zoned R1.5

Home Design

  • Contemporary Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Furnished
  • Bar
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Living Room
  • Dining Room
  • Storage
  • Crawl Space
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway

Outdoor Features

  • Property near a bay
  • Deck

Location

  • Island Location

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 204

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,951

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Inside Lot, Island
  • District Township: 07-North Wildwood City
  • Near: Beach, Boardwalk, Dining
  • Also Includes: Blinds, Rugs, Furniture
  • Estimated Year Built: 2005
  • Bay Proximity: 3 Blocks
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Lot Size2: 40' X 100'
  • OFFICELIST_STATE: NJ
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2005

Interior Features

  • Appliances Included: Range, Oven, Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector
  • Interior Amenities: Bar, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring
  • Total Bathrooms: 2.1
  • Full Bathrooms: 2
  • Bedrooms: 4
  • Total Rooms: 8
  • Basement: Crawl Space
  • Other Rooms: Living Room, Dining Room, Kitchen, Pantry, Storage Attic, Laundry Closet

Exterior Features

  • Construction: Two Story, Contemporary
  • Exterior: Vinyl
  • Outside Features: Deck, Fenced Yard, Cable TV, Sidewalks, Sprinkler System

Garage/Parking

  • Parking Garage: Garage, 2 Car, Attached, Auto Door Opener, Concrete Driveway, 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Gas Natural, Forced Air
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 9
  • Lot Size: 1 to 6000 SqFt
  • Zoning: R1.5

Tax Info

  • Taxes: 5951.15
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Feb 24, 2017
Sold by
Orthey Robert A and Orthey Susan E
Bought by
Moskowitz Jay A and Moskowitz Kathleen C
Seller's Agent
JAMES KERRIGAN
CAPE ISLANDS REALTY, LLC
Buyer's Agent
Linda Gray
LONG & FOSTER REAL ESTATE, INC nww
List Price
$579,900
Sold Price
$485,000
Premium/Discount to List
-$94,900
-16.36%
Current Estimated Value
$1,197,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$712,734
Avg. Annual Appreciation
10.98%
Original Mortgage
$185,000
Outstanding Balance
$153,070
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$1,044,664

Purchase Details

Closed on
Mar 19, 2010
Sold by
Smaron Kenneth and Smaron Marylou
Bought by
Orthey Robert A and Orthey Susan E

Purchase Details

Closed on
Jul 22, 2005
Sold by
Build Me Up Llc
Bought by
Smaron Kenneth and Smaron Marylou

Purchase Details

Closed on
Dec 15, 2004
Sold by
Nolte James and Nolte Elizabeth
Bought by
Build Me Up Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.67%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 1992
Sold by
Mattera Frances and Mattera Gloria
Bought by
Konides Nicholas
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moskowitz Jay A $485,000 None Available
Orthey Robert A $475,000 Mutual Title Agency
Smaron Kenneth $640,000 --
Build Me Up Llc $220,000 --
Konides Nicholas $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moskowitz Jay A $185,000
Previous Owner Build Me Up Llc $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2017 02/24/17 Sold $485,000 -16.4% $352 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
07/22/2016 07/22/16 For Sale $579,900 -- $421 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,583 $488,600 $222,000 $266,600
2024 $7,583 $488,600 $222,000 $266,600
2023 $7,422 $488,600 $222,000 $266,600
2022 $7,124 $488,600 $222,000 $266,600
2021 $5,073 $488,600 $222,000 $266,600
2020 $6,601 $488,600 $222,000 $266,600
2019 $6,381 $488,600 $222,000 $266,600
2018 $6,200 $488,600 $222,000 $266,600
2017 $6,068 $488,600 $222,000 $266,600
2016 $5,951 $488,600 $222,000 $266,600
2015 $5,753 $510,000 $235,000 $275,000
2014 $5,615 $510,000 $235,000 $275,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 171429

Cape May County Association of REALTORS®

APN: 07-00204-0000-00009